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hanger ace bounded. we explore it all at years end on "washington week." from the snows of iowa, through the heat of the debate, to election night, the political divide wydened. the u.s. re-examined its role abroad and a second term president claimed it. we look ahead to what happens next with michael duffy of "time" magazine. john harwood of cnbc and the "new york times." doyle mcmanus of the "los angeles times" and karen tumulty of "the washington post." >> covering history as it happens. live from our nation's capital. this is "washington week" with gwen ifill, produced in association with national journal. corporate fuppeding for "washington week" is provided by -- -- corporate funding for "washington week" is provided by -- >> wherever our trains go, the economy comes to life. norfolk southern, one line, infinite possibilities. >> we know why we're here, to chart a greern path in the air and in our factories. >> to find cleaner, more efficient ways to power flight. >> and harn es -- harness our technology for new energy solutions. >> the people of boeing are looking to tomorrow to b
covering history as it happens. live from our nation's capital. this is "washington week" with gwen ifill, produced in association with national journal. corporate fuppeding for "washington week" is provided by -- -- corporate funding for "washington week" is provided by -- >> wherever our trains go, the economy comes to life. norfolk southern, one line, infinite possibilities. >> we know why we're here, to chart a greern path in the air and in our factories. >> to find cleaner, more efficient ways to power flight. >> and harn es -- harness our technology for new energy solutions. >> the people of boeing are looking to tomorrow to build a better tomorrow. >> that's why we're here. >> additional corporate funding is provided by -- prudential financial. additional funding is provided by the annenburg foundation, the corporation for public broadcasting and by contributions to your pbs station from viewers like you. thank you. once again live from washington, moderator gwen ifill. gwen: good evening. 2012 was a remarkable year one that was shaped by other exploration of america's essent
>> a very good afternoon. 1:00 eastern. >> i am crazy burns. senators returning to washington from last attempt but the house is still out and no new negotiations are scheduled. >> consumer confidence is plunging taking the market down with it. which ended 16 points. trending back and forth. as jobless claims to drop to the lowest level. >> today we look at the un study future of the middle east. what risk lies ahead let's get to speed with the markets are we going over the cliff? consumer confidence is dismal let's go to nicole petallides at new york stock exchange. >> the market under pressure hovering around 13,000 where we're sitting right now. othello's of the day. we have recouped some of the losses but we're still down over 100 points. every single component is a red. johnson & johnson. pfizer. aluminum. and materials. jpmorgan that hit a 52 week high it is now a loser. with the vix index look at the levels the volatility index it is a showing and the indication there is nervousness with washington. what will lawmakers do with a decision? this is the highest point* of a one-
gallagher in washington, vice president and executive director of msnbc.com. that was general norman swa schwartzkopf you saw on your screen who passed away yesterday. i have a lasting memory of general schwartzkopf who served in the war in vietnam as well as leading gulf storm one. there was a woman from iowa. her name was peg mullen. she wrote a book about the death of her son, michael mullen. the name of the book was "friendly fire." norman schwartzkopf was the battalion commander. he was so approachable to peg mullen, so human in his relations with peg mullen, who sought to find out how her son was killed in vietnam. he died from friendly fire, which, you know obviously meant he was killed within the confines of his own unit by shrapnel from american weapons fired. it was so impressive to read about then a colonel later to become norm an schwartzkopf general "time" magazine's man of the year who was so human. just that clip we just showed right then compared to a lot of military officials who we see on tv. an actual human being would could say i hope i don't make a mistake. things li
, waiting for breaking news out of washington on a matter that has no business being breaking news. this was an entirely anticipated crisis, one that is completely of washington's creation, even at this late moment, washington still ready to gamble with your economic future instead of conceding some ground to conclude a deal that possibly saves it. i'm ali velshi. this is "your money," a battle of ideological wills in washington as america moves dangerously close to a fiscal cliff. >> we're now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. >> alas, this is how we do things now, create economic storms then look to provide an umbrella at the last possible second. we avert disaster but move no closer to solving our long-term economic problems. after a moment of spiritual clarity on friday afternoon, harry reid is working on a bipartisan deal ostensibly with his republican adversary mitch mcconnell. >> -- engaged in discussions, the majority leader and myself and the white house, in t
. danielle nottingham, cbs news, washington. >>> my own mom at christmas dinner told me do not raise my taxes. >> after a few words of advice at home the bay area's newly elected congressman is about to get a crash course in washington politics. how the young lawmaker thinks he can help what many consider a broken system. ======b r e a k >> on tap for the next 24 hours more rain and i guess some big waves, too right, liz? >> we have a high surf advisory in effect for tomorrow. in the meantime we've got cold temperatures, overcast skies, a live look over the pleasanton area. we have wet weather heading our way. we'll show you coming up. ,,,,,,,,,,,,,,,, the fiscal cliff. the dow is _ _ this marks the longt losing >>> stocks once again heading lower for a fifth day on those concerns about the fiscal cliff. the dow is down 106 plus points marking the longest losing streak in three months. >>> former bay area city councilman is about to learn firsthand how washington works or doesn't work. he is newly elected congressman heading on to the capitol hill quagmire. cbs5 reporter juliette goodrich ta
or two. part of the dynamics in the negotiations. front page of "the washington times." is the brink" cutline. host: harry reid had this to say on the senate floor. [video clip] >> the american people do not understand. the house is operating without the house of representatives. it is being operated with a dictatorship by the speaker. if the $250,000 would be brought would pass. speed brainer could've brought legislation to the house and it would have passed. host: gcomments by harry reid. the senate is in session today. bill has this point -- from "the national journal" -- the story is available online. "the president will have a strong hand to play over what to do about the tax hikes and spending cuts about to hit the economy. to allow the bush-era tax cuts to lapse for the wealthiest of americans. good morning, clyde. caller: good morning. political capital. neither harry reid nor the president will be running for election. everybody else is pretty much locked in whether we go over the cliff or not. is it thelma and louuisuise or laverne and shirley? they all place their bets a y
again. the president in washington and another deadline. secretary geithner warns we will hit the debt ceiling even before we tumble over the fiscal cliff. good morning from washington. it is thursday, december 27th. this is "the daily rundown." i'm luke russert. two days after christmas and washington is back to work trying to harsh out a deal to avoid the fiscal cliff. the senate will get back from the session after holiday break. the president is expected to arrive back to the white house without his family to get back to twork mework to meet the loo deadline. mike is at the white house. let's start with you. the consensus around the hill is that we are more likely than not to go over the fiscal cliff, but there is a small chance harry reid could take a house pass bill and amend it and send it back over to the house. what are you hear being that? >> conceivably, but when the president lights upon the south lawn and the marine one later this morning, it's unclear why he is coming back and who will be here with him. as you mentioned, speaker boehner remains in ohio where he is from. h
. >>> the president gets set to land in washington this hour. there's new word that the president has called all four congressional leaders. reid, mcconnell, boehner and pelosi. . joining me to talk more, we have peter alexander standing by at the white house as well as nbc's mike viqueira on capitol hill. some verbal smackdown, basically flipping the lights back on and harry reid taking to the floor to eviscerate speaker boehner. >> the sad part is you often seen the floor opened that way. mitch mcconnell being later today. i'm sure we'll hear something later. to hear it two days after christmas and a matter of days before we go through the fiscal cliff, obviously not encouraging. harry reid says time is running hout. he doesn't know if they could go through the legislative hurdles. if they have the votes around here, they can legislate the sky is green and the grass is blue. that's not an issue. what harry reid is really saying is mitch mcconnell, get on board, don't try to filibuster. of course they're talking about a bill that had raise capital on couples making more than $250,000 a year, and do
, what happens next? "the washington times" says the collapse of plan b is a disaster for john boehner. an embarrassing setback for the republicans. "the wall street journal" says there are questions for john boehner to lead his party in further negotiations. 10 days before the looming fiscal cliff. this morning we will be taking your calls and comments. we will sort through what happens next. the phone lines are open. send us an e-mail, a facebook comment, or a tweet. let's look at the headlines from "the new york times." a similar headline this morning from "the washington post." maynard dropped the effort to avert the fiscal cliff. -- the john boehner drops the effort to avert the fiscal cliff. this from "the washington -- the wall street journal." the deadline looms with the fiscal cliff, that story available on line. joining us live, meredith who has been following this since it started. what happened to the caucus last night? caller: there is the surface answer, what happened when they were leaving the room. i think the most telling detail and what you have seen and the most outl
last night. he touched down in washington early this morning. and he was a senator by this afternoon. that is a big day. so senator schatz, welcome to washington. welcome to the u.s. senate. there is a lot to catch up on. first of all, many of your new colleagues, most of the people you're about to join, they won their elections back in november. you of course did not. so it is possible that between november and now, like a normal human being, you were not paying all that much attention 20 what washington has been up to. it's the end of the year. things have slowed down. we're waiting for a new congress to come in. usually you would have time to get your bearings to figure out where the bathrooms are. that is not going to be the case this year. not with the fiscal cliff. luckily for you, we here at "the rachel maddow show," we have been paying attention. we have had absolutely no other choice, unfortunately. and we are here to help you and everyone else trying to figure out how we got to this point we are in. right after that election, the day after the election, in fact, your new co
lunch." we have three major news conferences in washington, d.c. president obama will nominate senator john kerry to be his next secretary of state. harry reid will be on the senate floor and house minority leader nancy pelosi will discuss the cliff crisis. with plan b history, washington is scrambling to get a deal done. the markets however are decidedly worried. dow jones has been down triple digits almost all session. we are off our worst lefs, down about 174 point a few moments ago. down 152 on the dow. 17 to the minus side and nasdaq is off almost 40. let's go to washington where john har wood is standing by with the latest on the fiscal cliff follies. john? >> all follies so far, sue. we had house speaker john boehner come out today and have a news conference explaining the failure of his plan b last night which stunned a lot of people because both boehner and eric cantor majority leader said they were confident they had the most to pass it. what he said today at a news conference is that there were members who had a perception which he said was incorrect. it would raise taxes. t
staring down the fiscal cliff. t-minus nine hours and counting and washington is wasting no time. senate minority leader mcconnell saying both sides are close to a deal. it's about time. >> my preference would have been to solve all these problems in the context of a larger agreement, a bigger deal, a grand bargain. whatever you want to call it. that solves our deficit problems in a balanced and responsible way. with this congress, that was obviously a little bit too much to hope for at this time. it may be we can do it in stages. >> there are a number of issues on which the two sides are still apart but negotiations are continuing as i speak. but we really are running out of time. >> the vice president and i have worked together on solutions before and i believe we can again. >> no holiday for the best political team around. a triple threat, luke russert and mike viqueira on the capitol hill and kristen welker from the white house. are you happy to be working on the holiday? >> it's fantastic. >> absolutely. >> sounded believable. viq, let's start with you. we have news trickling out to
let's close tonight with some advice from one of you to washington. >> my message to all of washington for the new year is to set partisanship aside working on behalf of 100% of the voters, fix this mess you've gotten us into, bring a balanced budget to the table to grow this economy for the long term not the short term. >> there you go. for the long term, not the short term. >> there you go. i'm don lemon. happy new year to you. jooirksz . >>> hello, i'm don lemon and this is cnn's top 10 of 2012. we look at the stories that captured our attention, what we see as the biggest stories of the year around the world, in crime, money, weather and even the biggestscandals and later this hour, those stories chosen by you. anchor of state of the union, candy crowley, with the top ten political stories of 2012. >>> like finding your favorite grain of sand on the beach. impossible number of possibilities. catch phrases become boomerangs. >> if you got a business you didn't build that. >> i like being aable to find service members. >> i'm an american woman who uses contraception. let's start ther
. and by contributions to your pbs station from viewers like you. thank you. >> warner: washington's clock ticked another day closer today to automatic tax hikes and spending cuts, the so-called "fiscal cliff". the president took to the road, while republicans warned there's a deadlock in efforts to reach a deficit deal. >> now, of course, santa delivers everywhere. i've been keeping my own naughty and nice lists for washington. >> warner: the president chose a seasonal setting, a toy factory in hatfield, pennsylvania, and holiday imagery to press again for extending tax cuts for the middle class. >> if congress does nothing, every family in america will see their income taxes automatically go up on january 1. i mean, i... i'm assuming that doesn't sound too good to you. >> no. >> that's sort of like the lump of coal you get for christmas. that's a scrooge christmas. >> warner: in washington, republicans portrayed the road trip as so much humbug, at a time, they said, when negotiations are going nowhere. >> there's a stalemate. let's not kid ourselves. >> warner: house speaker john boehr said republicans
in washington and said we have a messaging problem here. we want to get a deal, the white house isn't talking to us. how do we want to put that out in the public, so they know it's the white house who won't talk with us. the white house knows public opinion is on their side, "washington post" "pew center poll said 50% blame republicans. >> the message you talk about chris is working but there's the other possibility that's out there that's emerging kind of a two-part deal, first you would approve tax cuts for the middle class, the 98% and you wait on everything else until january or february, when you have to raise the debt ceiling. some republicans think that could give them more leverage. would that be smart rana? >> for the country, not. for the republicans sadly maybe so. you get to a point where the president has less leverage. is the u.s. going to default on its debt, are we going to be back in that position we were in not so long ago? that will be a tough spot. the political fallout and the economic fallout of that, the u.s. never defaulted on its debt, there was a terrible market vola
, telling them to return to washington this sunday. but just because they're coming back doesn't mean they're looking to play nice. today, senator harry reid blasted the speaker for refusing to even vote on a democratic plan that would protect 98% of americans. >> everyone knows that if they had brought up the house -- i'm sorry, the senate-passed bill that would give relief to everyone making less than $250,000 a year, it would pass overwhelmingly. it's being operated with a dictatorship of the speaker. >> a dictatorship of the speaker. and here's house speaker boehner office responded. senator reid should talk less and legislate more. legislate more? what legislation has speaker boehner been working on while on vacation? while we're about to go over the cliff, the gop has been pointing fingers at the president. one gop aide says talks have failed because "the president made a strategic miscalculation and overreached. he picked a fight." picked a fight? sorry, that's not going to fly. the president has come to the table with numerous proposals. he isn't picking a fight. he's fighting for
. >> good morning. >> and in washington, msnbc and "time" magazine senior political analyst, mark halperin. >> listen to the song. ♪ waiting for the end of the world ♪ >> good call, kid. elvis costello. "end of the world." >> "end of the world." it's here. no. no, no. >> what's this "new york post" stuff? what's going on? >> i don't know. olympic gold medalist turned prostitute. >> are you serious? >> the thing about the "post," they are always on the pulse. >> exclusive piece or is it in "the times," too? >> here's -- i'm glad it's going on in new york. they're getting ready for the holiday season. >> they've got their eye on the ball. >> i don't know what's going on there. >> let's just throw those away. john boehner had a bad night last night. >> yeah. a picture on the front page of "the new york times" seemed to say it all. >> yeah, my goodness. >> look at his face. >> he said a prayer last night. he undertook a gambit. he decided that he was going to walk away from negotiations and try to get republicans to support a tax increase on people making $1 million or more. without any sp
congress leave washington without taking care of these folks. >> john nichols, as always, thank you so very much, my friend. that's it for the ed show. ezra klein is filling in for rachel tonight. always good to see you, my friend. >> good to see you too, and happy friday. and thanks to you at home for sticking around for the next hour. rachel's got the night off, but we learned something huge today. we are going over the fiscal cliff. we are going either all the way over or going partly over, but we are definitely, definitely going over. that whole fiscal cliff thing, where congress and the white house can't reach a deal on taxes and spending before the end of the year and they maybe get us into a recession, it's definitely happening. that was the whole point of president obama's press conference this afternoon. >> i still want to get this done. it's the right thing to do for our families, for our businesses, and for our entire economy. but the hour for immediate action is here. it is now. >> allow me a quick update here. that press conference, it came after president obama met with john b
this in washington. as the legendary everett dirksen once said, a billion here a billion there, pretty soon you're talking real money, about you this debate isn't just about the billions here and there. for average families the payroll tax cut that started two years ago is worth around 1000 as year. those families tend to spend that cash because they need it now. republicans say this is one tax cut they hate and the last time it was going to expire, the white house launched a whole campaign about $40 a paycheck. they asked families to send in their stories about what $40 meant to them. well, you know something? $40 a still a lot of cash for the families hit hardest by the great recession. for the wealthy people sitting around the negotiating table in d.c., $40 is just another steak dinner for one. but for many people who voted them into office, it's the cost of groceries for a week of family dinners. let's not forget, they are the ones who still need an economic stimulus, not the families earning more than $250,000 a year. joining me today on a newsy day, "the huffington post" sam stein and the
the fiscal cliff. not just yet. they have not come to a solution in washington. that is front and center. we are also seeing a flock to the area that are safe. the dollar is higher. gold is higher. we are also -- there is a look at the dow jones one week. last friday we close that 13,135. we are still actually of about 30 points for the week. that is if we were to close right here. for right now, certainly, read on the screen because there is so much concern about washington. melissa: thank you so much. many believe the speaker in the senate, but it did notie -@even make it through the house last night. i next asked is not confident it will happen within the next year. >> we will see what the president says. after what has happened this week, it is not clear what the way forward is. it is more likely than not that we will grow into january without a deal. melissa: what does that really mean for the economy? >> it is to businesses to decide when they change their holdings. there is some spending programs that will be extended. they are uncertain about the outlook. there are a variety of ways
of washington; right? low for a deal to meet the deadline. the markets show traders, well, they are not exactly optimistic. right now, stocks down 69 points, moving lower for the fifth straight session. one crisis, however, has been averted on the east coast and gulf coast. a massive looming port strike will not happen, at least for now. going live to miami ahead in a few minutes for up to the minute details on that and why it's not -ealing a blow to the u.s. economy. first, stocks, as we do every 15 minutes, going to the floor. new york stock exchange. lauren is there watching it. any indication from the investors and traders about a deal? are they telling you if they have an inside scoop? >> they do not have an inside scoop, but there's con play sen sigh, and stocks stuck in the range, down half a percent for the broader market, down for five days in a row waiting, two hours from now, to hear somebody in washington say something about fiscal cliff, and then we'll move on that news, but traders are saying if we get a deal done, we'll see the market take off. we have not seen a santa claus rall
happening in washington, d.c. a lot happening i would assume at the white house. but how engaged is the presidented to in moving this thing forward? >> reporter: good afternoon, t.j. i am told there are conversations going on at the staff level. as you know, he met with congressional leaders here at the white house for about an hour on friday. now sources who are familiar with that conversation tell me that the president essentially said to lawmakers, you have two options. one, come up with a plan that can make its way through both chambers, or allow his proposal to go through a vote in both chambers. and that's what you heard the president referencing in that sound bite that you just aired, t.j. in the president's proposal it calls for extending the bush era tax cuts for those making $250,000 or less as well as extending unemployment insurance benefits. many republicans have an issue with that tax extension for the $250,000 mark because it allows rates to raise on those making more than $250,000. as you heard roy blunt just say, they think that would be bad for the economy. so t
. the fiscal cliff is a colossal waste of time, an economic storm of our own making, and washington is searching for little more than an umbrella to protect you from it. thanks for joining the conversation this week on "your money." we're going to stay on the story till it's done. normally, we're here every saturday at 1 p.m. and sunday at 3:00 p.m. eastern. i'm on daily at 3:30 p.m. but until this is done, you're going to see a lot of me. tweet me, my handle is @alivelshi. we'll see you through to the end of this. have a great weekend. >>> hello, thanks for joining us, i'm martin savage at the cnn headquarters in atlanta. i'm in for fredricka whitfield. good to be with you. >>> fiscal cliff talks, we are at a standstill, 32 hours before we reach the edge of this press cis miss. senate sfleshts taken the time out to speak after the butting heads on two key issue, one involving tax rates, the other social security. ali velshi is in new york, dana bash is live on capitol hill. we will start with you, dana. what has gotten lawmakers now not seeing eye to eye? >> reporter: actually, let
to repeat. you know, outside of washington, nobody understands how it is that this seems to be a repeat pattern, over and over again. ordinary folks, they do their jobs. they meet deadlines. they sit down and they discuss things and things happen. if there are disagreements, they sort through the disagreements. the notion that our elected leadership can't do the same thing is mind boggling to them. and needs to stop. >> i just have to repeat, congress, you are terrible at your jobs. i really don't like working with you. we're going to talk a bit later in the show about everybody hates congress and what we can do about that. but as much as the public hates congress, you really get the feeling that congress' approval rating among president obama is in the neighborhood of negative 75,000 percent. and yes, numbers geeks, not a real number. but he seems really tired of working with these people. but there is a way in which congress, and particularly congressional republicans may actually be helping president obama out right now. everybody's always known two things about the cliff. you're alm
now, washington bureau correspondent hampton pearson. let's see what the average american will or won't be seeing in their pi check. >> reporter: i'm here for the lump of coal portion of the program. if there's no deal, let's look at what happens to tax rates in just seven days and these stats are from the tax policy center. the annual income from somebody in the $50,000 to $75,000, about a $2,400 increase. jumping ahead to $100,000 to $200,000, the average tax increase, $6,600. tacking at that great divide of the wealthy, over $250,000, at least a $11,000 tax hike. over $1 million, more than $254,000. >> hampton, looking at that number, that's for those americans working right now. there are still struggling americans, millions looking for work and what's the fiscal cliff mean for them? >> reporter: okay. we have unemployment at 7.7% last month and mainly went down because people gave up looking for work and jdropped out of th job market and out of work six months or longer. 4.8 million americans, they're the folks worried the most about unemployment benefits not extended after the f
call members of the house back to washington today. he shouldn't have let them two in fact. they're not here. they're not here. john boehner seeps to care more about keeping his speakership than about keeping the nation on firm financial footing. >> reporter: there have been all eyes on senator mitch mcconnell, the republican leader, the counterpart to harry reid because he has been pretty quiet early on in the negotiations. was defering speaker boehner to give the republican side. after hearing senator reid yesterday, senator mcconnell fired back. take a listen. >> we're coming up against a hard deadline here and i said, this is a conversation we should had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> reporter: now senator mcconnell also said he was disappointed because when he got a call from the president two nights ago right before the president left hawaii to come back here to the white house, senator mcconnell says that was the first time he heard from an
on the president to realize that this is a conversation that he has to have not just with washington but the rest of the country. bringing in business leaders, bringing in small business leaders, going out across the country. one reason i think why this time it's going to be different from the failures of the past, the debt ceiling debacle, the failure of the super committee, is i think the american people and particularly the american business community, realize what's at stake, and i think an awful lot of us, frankly, in both parties who are willing to get there -- i want to commend kelly as well. there's been a big group of us, well in excess of the majority in the senate who say we're willing to do our part. we want to give the speaker and the president room to get the framework, but we'll be there to fill in the details as we go forward. >> senator ayotte, there's not much time left here, and it does seem like an inordinate amount of time, almost a month has passed, and we have a description of stalemate and way far apart. >> candy, i see that as very disappointing, a big problem. that's why
goldfarb to take questions about text extenders at 8:30 eastern. "washington journal" is next. ♪ host: we will spend about two hours this morning on the "washington journal" talking about the fiscal cliff. we want to start off hearing from you on a different topic. what do you think about hillary clinton's future and her running for president in 2016? that is our question this morning on the "washington journal." you can start dialing in now, or you can contact us via social media. you can make a comment on our facebook page. you can also send us an e-mail. from "the hill" newspaper yesterday -- a new poll by abc news and "the washington post." 57% say they support a presidential bid from every clinton in 2016. -- from hillary clinton in 2016. 68% approved of her work as secretary of state. 66% hold a favorable view of clinton after her department has faced criticism over the handling of benghazi and libya. clinton also has heavy support in new york were 54% of registered voters say they would support a presidential bid by her in 2016. that is an "the hill" newspaper. we hav
in the washington area this morning. because at starbucks, in the washington, d.c., area at each of the starbucks locations, they write on the cups, "come together." it's sort of an impetus to maybe get these bozos in the house and the senate to come together in the fiscal cliff. we're going to be talking about the starbucks effort a little later in the show. good morning, ladies and gentlemen. >> good morning. >> good morning. it's thursday, december 27th. i'm mike barnicle in for joe, mika and willie. joining the table, we have political editor and white house correspondent for the huffington post, sam stein. >> hi. >> applause for sam. "fortune's" assistant managing editor, leigh gallagher. and the president of the council on foreign relations, author of "foreign policy begins at home: the case for putting america's house in order." and in washington, vice president and executive editor of msnbc.com and msnbc political analyst, richard wolffe. a minor round of applause for richard wolffe. >> one hand clapping. >> first of all, can anybody here come up with a synonym -- i don't care what it is
an update on the hurricane sandy relief bill making its way through congress. "washington journal" is next. >> nobody will get 100% of what they want. let's make sure middle-class families and the american economy and the world economy are not adversely impacted because people cannot do their jobs. host: the headline in this morning's "washington post" -- president obama and senate leaders were on the verge of an agreement that would let taxes rise on the wealthiest households while protecting the vast majority of americans from tax hikes set to hit in january. welcome to the saturday edition of "and the washington journal." for the first 45 minutes of the program we are going to be talking about senate negotiating a fiscal clifts deal, what has been going on on that half of the capital. see what they are talking about and how things are going. we want to get your input and your part of the conversation. you can reach out to us on twitter. facebook, facebook.com/cspan. and you can send us an e-mail. this is more from the article, the lead story in "the washington post." they ride, the deve
and politico reporters on the role of lobbyists in those negotiations. "washington journal" is next. host: good morning. both parties are reportedly still talking on the phone. as the deadline approaches, we are two weeks before christmas. eric cantor leaving open the possibility of of a post session. let's look of the numbers. the fiscal cliff deadline 22 days away. we want to begin with a look ahead at the second term agenda. in your mind, what did you think should be the number one priority. we will take your calls and comments. you can also join us on facebook and twitter. from the headlines this morning, including this from the washington post. there is also this story from "the huffington post." aspirations' including closing the educational achievement gap. the lofty goals may have to wait as lawmakers and the president toppled a number of issues that cannot wait. let's go back to the inauguration from generic 20, 2009, a few hundred feet from where we are at as he addressed the nation. he will do so again january next year. this is what he said nearly four years ago. [video
from washington. it's wednesday, december 12th, 12-12-12. my kids have never been so excited about a date. let's get right to my first read of the morning. one step forward, two steps back. that's probably the best way to describe the fiscal talks between president obama and house speaker john boehner. with christmas less than two weeks away, the white house is faced with the same key question. can boehner deliver the votes for whatever deal they agree on? >> i remain optimistic and i'm pretty confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for high income individuals. >> but with time running out, neither side seems to have budged very far from the original proposal. the only good news about what happened in the past 24 hours, they are not publicly trashing each other's proposals. on monday the white house sent boehner a counteroffer which at beast can be incremental movement. almost on the details of the offer are under wraps. the $1.6 trillion in tax revenue the president was demanding can come down to slightly under 1.4 trillion.
of the fiscal cliff. the senate back in session but so far all that is getting debated in washington is who is at fault. >> we wanted an agreement. but we had no takers. >> millions of middle class families are nervously watching and waiting and counting down the moments. >> harris: and we don't have many moments left. tonight, the president back in washington. will they cut a last minute deal. and if washington can't get it done we could feel the pinch in our first pay check of the new year. snow and sleet making for some very dangerous driving. >> i have seen ten cars in an accident. >> i saw a jackknifed tractor trailer. >> i saw a lexus fly into a ditch. it is pretty slippery out there. >> and flying not much better. >> we got on the plane and sat for three hours. >> harris: tonight, a monster storm on the move. i'm harris faulkner in tonight for shepard smith. the impending fiscal cliff that stands to affect the first pay check you get next month unless, of course, lawmakers can find a solution. today the senate majority leader mitch mcconnell said there is still time to work out a dea
they have been more cautious with their holiday spending because of the uncertainty in washington. economists warn it could get worse and the markets could be foiled if we go over the fiscal cliff. taxes will go up for the average american by about $2,000 and could put us back into a recession. >> which nobody wants to see. kristen welker in hawaii. the president is coming back, but they haven't gotten the 48 hour notice. they are very much out there in play. thank you very much for joining us. appreciate it. when the senate returns tomorrow morning, there will be a new emphasis on members taking a larger role in the fiscal cliff negotiations that based off the current offer may only have a smaller deal. a member of the budget committee and outspoken voice on the left side of the aisle. thanks for joining me. good morning. >> mire pleasure. >> we were saying a lack of urgency in washington to deal with the fiscal cliff and being a member of congress especially a respected member of the senate and what do you think is possible at this point on any type of a large scale deal. what d
host: the two-hour washington journal this morning. the house and is in at 9:00. open telephones for any public policy issue you would like to discuss. you can see the numbers on your screen. you can also contact us on twitter, facebook, or by e-mail. you can see the addresses on your screen. let's start with an update on the so called "fiscal cliff." this is the washington post -- in a side arbucarticle -- that the washington post report on the fiscal cliff this morning. here's an article from "washington times" -- now this is from "politico." a situation that was in the paper couple weeks ago. looks li finally, before we go to phone calls, this article from the daily caller -- again, that is reported in the daily caller. we begin with a call from diane in julian, california, on our democratic line. caller: good morning, peter. my prediction came true, reelecting a president. women against violence acts, being held up by the house. john boehner and the republican house majority leader eric cantor. i tweeted last night quiet late saying the republicans are going to gang up on joh
's some hope coming from washington. senate leaders are negotiating a deal they hope can go to a vote, go to a vote soon. cnn radio capitol hill correspondent lisa desjardins is in washington. you were on thrill yesterday for the political action between president obama, between congressional leaders. they sound more optimistic, at least president obama does. do you think we're any closer to a deal at this point? >> i think there's no doubt that we are closer to a deal, but how much closer we'll know probably in the next 24 hours. it's interesting because in the last 20 hours, the silence that had pervaded capitol hill was completely changed after the president and the four congressional leaders he met with all announced that they're shifting negotiation tactics now to a group of two. two senators, mitch mcconnell and harry reid, the two party leaders in the senate, are going to be trying to find a way to get a deal today. we know their staff is talking. we don't expect actually any necessary meetings between those two leaders right away today. we think that their chiefs of staff are goin
charges, but no agreement in sight. that, in short, summed up the state of affairs in washington today as the fiscal cliff deadline loomed, january first. it would mean more than $600 billion in across-the-board tax increases and automatic spending cuts. >> come the first of this year, americans will have less income than they have today. if we go over the cliff, and it looks like that's where we're headed. >> warner: this morning, the senate's democratic majority leader, harry reid, was blunt about chances for a deal. and he blamed house speaker john boehner. just before christmas, boehner floated his so-called "plan b"-- letting taxes rise on millionaires. but faced with opposition in republican ranks, he pulled it, and sent the house home for the holiday. reid charged today politics explained why the speaker had not yet called the house back. >> john boehner seems to care more about keeping his speakership than keeping the nation on a firm financial footing. it's obvious what's going on. he's waiting until january 3 to get reelected to speaker before he gets serious about negotiatio
members will be here in washington tomorrow, but we'll be hearing crickets on the house floor. nbc news has learned the republican leadership has not given representatives the 48-hour notice to return to work, another sign of inaction on the fiscal cliff front. joining me now for our daily fix, mr. jonathan capehart, msnbc contributor and "washington post" editorial writer. jonathan, we're just six days away, no indication from house republicans that they are going to come back any time soon. the leadership has gone mum on that. we know there's not been communication between boehner and mcconnell, obama and boehner. are you amazed with this short amount of time to go there seems to be no sense of urgency on either side? >> am i amazed, given what we went through with the debt ceiling, no, i'm not amazed. i think there are forces here in this town that would like for us, sure people would like for there to be a deal, but going over the cliff on january 1st when there's this notion where it's not really a cliff, it's a slope, it's a curb depending who you talk to, that you can repair the
'm karen finney in for martin bashir on this thursday, december 27th. the president is back in washington, the senate is working against the clock, and speaker boehner, yeah, he's m.i.a. >> no new negotiations are scheduled. >> congress has five days to strike a deal before the end of the year deadline. >> they're calling it the fiscal cliff. [ speaking foreign language ] >> john boehner seems to care more about keeping his speakership than about keeping the nation on firm financial footing. >> let's take the american people out of the line of fire in terms of taxes. >> it's being operated with a dictatorship of the speaker. >> i have never known john boehner not to have a plan. >> it seems pretty dark right now. >> it looks like there's no way there's going to be any deal done. >> so i say to the speaker, take the escape hatch we've left you. >> we're not going to get anything done that doesn't involve some measure of compromise. >> it's not 100% sure that's going to work any longer, and now that we know how fanatical the fanatics are. >> it's like blah, blah, blah. >>> a very busy day h
in washington with five days to keep the country from going over the so-called fiscal cliff. president obama in d.c. a few hours ago after scrapping the rest of the holiday vacation in hawaii. before his departure, the president called all four congressional leaders, reid, mcconnell, boehner and pelosi. now fiery words after reid hit boehner with volley after volley from the senate floor earlier today. >> if we go over the cliff and it looks like that's where we're headed, mr. president, the house of representatives as we speak with four days after today aren't here with the speaker having told them they'll have 48-hours notice. i can't imagine their conscie e consciences. >> speaker boehner's office responding with a terse statement saying in part, quote, senator reid should talk less and legislate more. the house already passed legislation to avoid the entire fiscal cliff. senate democrats have not. joining me now from d.c. nbc news white house correspondent peter alexander. peter, there was word the last hour that the president may have sent some sort of deal. the white house then turnin
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